Hamm Reno Group (HR Group) has its main office in Osnabrück and is the second-largest traditional shoe retailer in Germany, Austria and Switzerland, with additional locations in CEE and Benelux. With origins dating back to 1888 and net sales of over €550 million, HR Group is one of the leading European shoe retailers. The group combines two business models: a classic shoe retail business with around 500 branches under the “RENO” brand, and a unique wholesale business which serves more than 1,800 retail outlets in 12 European countries.
HR Group implements a unique wholesale operation to manage retail departments on the premises of a range of retail clients, e.g. cash & carry supermarkets and regional department stores. This operation has provided HR Group with a range of expertise in handling new business volumes using its own logistics and IT divisions. In partnership with industry experts, capiton acquired an interest in the company in 2016.
Industry: Service / Trade / Logistics
Financing Events: Restructuring